AP Economics – 12/06/18

I  Bellwork

  • Page 686 1 a-c

II.  Objectives

Collaborate with others to:

  • Construct and interpret graphs for short run and the long run for firms operating in markets characterized as being an oligopoly or monopolistic competition.
  • Determine the quantity, prices, profits and firm responses in the short run and the long run

III.  Classwork

A.  Write down 12 questions you answered incorrectly, discuss them with your peers and correct the answer.

  1. Write the question
  2. State your incorrect answer.
  3. State the knowledge you obtained to now know the correct answer

B.  Page 684-685 #7-12 (letter and answer)

 


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